Posts Tagged ‘Capital Injections’

21
Jan

meaning of ‘arms’ in this text?

   Posted by: Low Cost Auto Insurance Guru    in Insurance


auto insurance savings
Zaixin F asked:


In the United States, the rescue effort may also grow. The Treasury Department, officials said, is weighing whether to expand its program of capital injections to encompass insurance companies, many of which own savings and loans, and is under pressure to include the financing arms of the auto companies. The government injections are currently reserved for banks.

question: meaning of ‘arms’ in this text.

thanks.

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